Funding you earn now, next payment 07:00 UTC+0.0802%/8h= +87.9% APRpaid last 24h +0.184%
Price spread now: KuCoin against Kraken Futures−0.083%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. KuCoin is 0.083% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 8 hours of funding at the current rate (+$24 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KSMUSD | 4.6148 | −0.0702 | get 0.0088% / 1h | 48m 04s | $37K | $1K | 20x |
| Short | KuCoin KSMUSDTM | 4.6110 | 0.0100 | get 0.0100% / 8h | 1h 48m | $509K | $32K | 30x |
Kraken Futures PF_KSMUSD
KuCoin KSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $168.51
- Price spread: −0.083% → 0.000%
- −$8.31
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $138.2
- Costs to cover
- 0.220%
- Break-even
- 1.3 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 71 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 71 min ago | 21.77 bp | 450.5 bp −$450 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
KSM on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSDlong | −0.0702% | 1h | 4.6148 | long leg | $37K | $1K | 20x | |
| Variational Omni KSM | −0.0391% | 8h | 4.6032 | −0.251% | $452K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0267% | 4h | 4.6090 | −0.126% | $765K | $651K | 20x | as long as short |
| BloFin KSM-USDT | +0.0080% | 8h | 4.6040 | −0.235% | $110K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6110 | −0.083% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6060 | −0.191% | $2.2M | $718K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6100 | −0.105% | $85K | $36K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6110 | −0.083% | $729K | $239K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6110 | −0.083% | $509K | $32K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6090 | −0.126% | $481K | $200K | 50x | as long as short |
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6080 | −0.148% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6095 | −0.116% | $77K | $420K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD